Spotlight on the Market- We Need to Wake Up

“We have for sure the largest output of the world, and then we should major in improving our technical level. That would make us into both the biggest provider and technically advance in the world.” Chairman Chu of Adsale responded in Chinaplas 2012 show to Taiwan businesses. From the macro point of view, developing markets are under high anticipation that would spur up and take over the responsibility of leading future market growth. In the micro state of the market china analysts are strictly examining the slowndown in the periods of 2011, and this also counted for the demand decrease of the first two seasons of 2012.

World economy is facing serious adversity due to downturn and sovereign debt problems of the Eurozone. According to report on Chinamac issue published in the first season of 2012; they were determining that this year’s economy growth would meet a demand slowdown and cause 0.2% decrease in global annual growth, thus hindering china’s vast and fast market growth. On the other hand GIA analysis is discussing this from a positive side and looking forward on developing countries, highlighted China market. In the report published in the same time with Chinamac; after digesting the data they found, concluding developing countries would spur up plastic processing machinery and projected to rise 6.0 percent yearly through 2015 to $28.7 billion.

Extrusion equipment in the market would put the best effort in carrying up annual growth; GIA evaluates extrusion machinery would register the most rapid gain through 2015, benefit from construction material and fuel demanded extruder goods. But still injection machineries would occupy the largest share of 40% of demands of 2015.Most of the market share gained by injection machineries would relevant China’s 40% of additional demands through 2015, since inquiry number of injection machines in China had topped the market after taking over the largest plastic machinery market in the first era of the 21^st century.

Combining these researches we can conclude developing markets such as China would run over developed markets and open a broader demand in the near future. We can imagine a consumption bounce back in the following seasons of 2012; or it might be increasing after the breakdown of European market, cooperate with its highly developed

In the past two seasons of 2012 manufacturers of Taiwan are finding out delay in technology developments, compared to the upraising China and constantly developing Europe. “We cannot only stay in the stationary phase of our technology level” said General Manager Allen Tsai of Lung Meng Machinery USA. It was for sure Taiwanese products have undergo a period of time selling high quality but with only standardized technology products. While the quality and price of China products emerges; and European products keep advancing in technology, Taiwan products seemed to stay put for the recent years. We have seen from the broad point of view, which was the shifting of global market. To keep up with China and to expand in the global market, it was believed to improve in all-electrical or computerized and fully automatic to make the products move to the next stage.